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Kepler brings extensive experience to NUAIR Alliance
SYRACUSE — Cady Kepler, Jr. has more than three decades of experience working with manned and unmanned aircraft, according to the NUAIR Alliance. The organization is tapping into that experience. The NUAIR Alliance announced the hiring of the Chittenango man as its new airworthiness manager in a news release distributed on Sept. 2. NUAIR Alliance […]
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SYRACUSE — Cady Kepler, Jr. has more than three decades of experience working with manned and unmanned aircraft, according to the NUAIR Alliance.
The organization is tapping into that experience.
The NUAIR Alliance announced the hiring of the Chittenango man as its new airworthiness manager in a news release distributed on Sept. 2.
NUAIR Alliance is short for the Northeast UAS Airspace Integration Research Alliance.
Syracuse–based CenterState CEO, the region’s primary economic-development organization, and MassDevelopment, the Commonwealth’s finance and development agency, lead the NUAIR Alliance.
Kepler most recently served as a mechanic instructor for MQ-9 reaper aircraft at the Hancock Field Air National Guard base in DeWitt.
He has a detailed knowledge of technical and mechanical operations, NUAIR said.
In his role as airworthiness manager, Kepler will determine if an unmanned-aircraft system (UAS) is safe for flight.
An unmanned-aircraft system is also referred to as a drone.
Kepler is responsible for reviewing engineering data and flight records, and overseeing and documenting drone physical inspections and test flights.
“Cady brings a wealth of aircraft-maintenance experience, including a history of working on MQ-1, MQ-9 and F-16Cs,” Larry Brinker, executive director of NUAIR Alliance, said in the news release.
The Federal Aviation Administration in 2013 selected the Griffiss International Airport-NUAIR Alliance team to operate one of six test sites in the U.S. and conduct research and development to meet a congressional mandate to safely integrate drones into the national-airspace system by 2015, according to NUAIR.
The NUAIR Alliance will conduct drone testing at several locations in New York and Massachusetts in 2014, and will play a “leading role” among the six test sites in expanding civil and commercial drone capabilities.
Under the leadership of CenterState CEO and MassDevelopment, industry experts and academic institutions in both states formed the NUAIR Alliance and combined assets, expertise, and experience to compete for a FAA-designated drone-testing site.
Organizations partnering with Griffiss International Airport and NUAIR include Saab Sensis of DeWitt, a wholly owned subsidiary of Saab AB, a Swedish defense and security company; SRC, Inc. (the former Syracuse Research Corp.) of Cicero, a nonprofit research and development company serving the defense, environment, and intelligence sectors; Raytheon Co. (NYSE: RTN), a Waltham, Mass–based aerospace and defense company; and the Salina location of Bethesda, Md.–based Lockheed Martin Corp., a defense contractor.
Partnering colleges and universities include Syracuse University, Clarkson University, Rochester Institute of Technology, Massachusetts Institute of Technology, University of Massachusetts institutions, and Northeastern University, among others, NUAIR said.
Built in 1942 as a supply depot, Griffiss served as home to the United States Air Force Strategic Air Command 416th Bomb Wing until the base closed in 1996.
The airport is now home to the Griffiss Business and Tech Park and employs more than 6,000 military and civilian personnel, according to CenterState CEO.
Contact Reinhardt at ereinhardt@cnybj.com

JMC Benefits Group joins CH Insurance Brokerage
SYRACUSE — JMC Benefits Group, a Syracuse–based provider of employee benefits and business insurance, on Sept. 1 joined CH Insurance Brokerage, Inc. CH Insurance Brokerage is an independent agency located on the ground floor of AXA Tower I in downtown Syracuse. Joseph Courcy, who operated JMC Benefits Group, has been hired by CH Insurance and
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SYRACUSE — JMC Benefits Group, a Syracuse–based provider of employee benefits and business insurance, on Sept. 1 joined CH Insurance Brokerage, Inc.
CH Insurance Brokerage is an independent agency located on the ground floor of AXA Tower I in downtown Syracuse.
Joseph Courcy, who operated JMC Benefits Group, has been hired by CH Insurance and brought his customers with him, according to Joseph Convertino, Jr., president of CH Insurance.
Convertino, Jr., along with father, Joseph Convertino, Sr., the firm’s CEO, co-owns the agency.
Courcy was the lone employee of JMC Benefits Group, which previously operated in a 500-square-foot office at 327 Fayette St. in Syracuse’s Armory Square area, he says.
Both Convertino, Jr. and Courcy spoke with the Business Journal News Network on Sept. 9.
With his employment at CH Insurance, Courcy will no longer use the name JMC Benefits Group, he says. He operated under that name for about three years.
CH Insurance spoke to Courcy about three years ago, as it attempted to grow its employee-benefits business, says Convertino, Jr.
At the same time, CH Insurance also talked with Courcy “about the property casualty [insurance] side of business and helping his clients.”
Through that relationship, Courcy became familiar with the staff at the CH Insurance.
“So, over three years, it led to offering him employment and bringing his book of business over to CH,” says Convertino, Jr.
JMC Benefits Group provided group coverage for health, dental, vision, life, and disability to about 30 total clients, he says.
When asked why he decided to join CH Insurance, Courcy noted the agency’s customer service, its reputation, and the support staff it can provide.
“My clients will be better off under the CH name,” Courcy contends.
Courcy also wanted his clients to have to more options to consider, including workers’ compensation and personal lines of insurance that JMC Benefits Group wasn’t providing, he says.
The two organizations are “… kind of joining forces to network together and bring more business ultimately to CH [Insurance],” says Convertino, Jr.
JMC’s revenue grew 10 percent in 2013 compared to 2012, Courcy says. Convertino, Jr. declined to disclose any revenue information for CH Insurance.
Founded in 1999, CH Insurance operates in a 4,500-square-foot space in AXA Tower I at 100 Madison St. in Syracuse. It leases space with CBD Companies, the property manager at the AXA Towers.
The agency employs 27 people between offices in Syracuse and Rochester, along with its DHH Insurance Agency, LLC and Schillaci Agency, both in Rome.
Contact Reinhardt at ereinhardt@cnybj.com

Green jobs increase in New York state, report says
Jobs in the green sector are growing across New York and across the nation, according to a recent survey report by Environmental Entrepreneurs (E2) released on Aug. 28. “We saw three major projects there in New York that created, combined, more than 600 jobs,” says Robert Keefe, executive director of E2, a Washington, D.C.–based nonpartisan
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Jobs in the green sector are growing across New York and across the nation, according to a recent survey report by Environmental Entrepreneurs (E2) released on Aug. 28.
“We saw three major projects there in New York that created, combined, more than 600 jobs,” says Robert Keefe, executive director of E2, a Washington, D.C.–based nonpartisan group of business leaders, investors, and others who promote environmental policies.
One of those projects is San Mateo, Calif.–based Solar City’s announced $200 million acquisition of Silevo, a California–based solar-panel technology and manufacturing company. As part of the acquisition, Solar City plans to build a 1 gigawatt (GW) annual production capacity manufacturing facility near Buffalo that will add several hundred jobs to start and could eventually lead to 1,000 jobs, Keefe says.
While that is great news, Keefe says, “The real story in New York is the story to come.” He’s referring to New York’s Reforming the Energy Vision (REV) initiative.
REV is designed to help the state meet its goal of reducing its carbon emissions by 50 percent by 2030, he says. The three main ways to do that are to make current power plants more efficient, replace energy that currently comes from fossil fuel with energy from renewable sources, and to make buildings more efficient. All of those efforts, Keefe says, will create jobs and stimulate economic growth.
“REV is a great thing,” he says. “It’s the type of policy we think is going to lead to dramatic clean-energy job growth.”
E2 has been tracking green jobs since 2011, and it says that in the second quarter of 2014, more than 12,500 clean energy and transportation jobs were announced in 29 states.
“That’s double what it was the previous quarter,” Keefe notes.
E2’s “Clean Energy Works for Us: Second Quarter 2014 Report” noted a number of projects besides the Solar City project in Buffalo that helped contribute to the increase nationally. Omaha, Neb.–based Tenaska, an independent energy provider, recently closed a deal to build a solar-energy center in California, a project that is creating 800 new construction jobs. The Boston Housing Authority’s project to install public-housing water and energy retrofits across the city helped create 600 new jobs there.
The solar sector saw the most job growth during the quarter, with 22 total projects announced and five solar companies announcing hiring in the residential sector in New York as well as Arizona, California, and Massachusetts.
Other areas of growth include electric vehicles and wind farms, particularly offshore wind projects in Oregon, New Jersey, and Virginia, Keefe says.
“These aren’t the jobs of the future anymore,” he says. “These are the jobs of today and they are growing.”
Keefe says the green industry is growing and thriving for three main reasons. First, he contends, Americans want clean energy. Second, American innovation, in the form of products like electric cars, is driving growth. Finally, good policy, such as New York’s REV initiative, leads to good business.
E2 (www.e2.org) says its mission is to create a platform for business leaders to promote environmentally sustainable economic growth. The group’s members have been involved in financing, founding, or developing more than 1,700 companies that have created more than 570,000 jobs.
Contact the Business Journal at news@cnybj.com

Green Planet Grocery to open Cicero store, plans further expansion
CICERO — Green Planet Grocery, which currently operates stores in Camillus and Oswego, plans to open a third location in Cicero in early October. The Cicero store is part of an expansion plan that could include up to 10 locations in the next three to five years, says Joe Scripa, a minority owner in the
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CICERO — Green Planet Grocery, which currently operates stores in Camillus and Oswego, plans to open a third location in Cicero in early October.
The Cicero store is part of an expansion plan that could include up to 10 locations in the next three to five years, says Joe Scripa, a minority owner in the grocery store.
Scripa spoke with the Business Journal News Network at the Camillus store on Sept. 8.
The business describes itself as a “local, independent health-food store” that features all natural foods, organic produce, supplements, and bulk foods, according to its website.
Brent Lewis is the company’s majority owner. Scripa declined to disclose each man’s percentage of ownership.
Scripa manages the Cicero store’s construction, marketing, and merchandising, he says.
Besides his ownership role with Green Planet Grocery, Scripa also serves as an associate broker and commercial specialist for the Fayetteville–based Scripa Group.
Lewis, the company’s founder, has an “absolute vision” of helping people to shop healthier and eat healthier, says Scripa.
“So, Brent’s vision is to grow the company [and expand] into small communities … and make it easy for people to get healthy choices,” he adds.
Green Planet Grocery is leasing an 8,000-square-foot space at 6195 Route 31 in Cicero, says Scripa. The store will operate in the Lakeshore Heights Plaza.
Scripa Group serves as the plaza’s property manager for New York City–based E&E Associates, LLC.
Green Planet Grocery is using a loan from Pathfinder Bank to finance the opening of the Cicero location, but Scripa declined to disclose the loan amount.
Green Planet is spending “several hundred thousand dollars” to prepare the site for business as a grocery store, he adds.
Benton’s Refrigeration, Inc., a Cicero contractor, is helping prepare the space for business, says Scripa.
The location will employ a mix of 15 full-time and part-time employees, he adds. Scripa declined to disclose any revenue information for Green Planet Grocery.
Agreement with Café Kubal
Green Planet has also reached an agreement with Café Kubal, a Syracuse–based coffee roaster, to develop and supply a café at the Cicero location.
“We will own and operate the café, but [Café] Kubal is our supplier, trainer,” says Scripa.
The partnership with owner Matt Godard will also extend to future locations of Green Planet Grocery, he adds.
In addition, local food suppliers for Green Planet Grocery include Regional Access, an Ithaca–based distributor of natural and organic products from the Finger Lakes; Madison County–based Side Hill Farmers, which provides the store’s meat products; and DeWitt–based Giovanni Food Company.
Its national suppliers include distributors such as Naperville, Ill.–based KeHE Distributors, LLC and Providence, R.I.–based United Natural Foods, Inc., according to Scripa.
The partnership
Scripa met Lewis a few years after Lewis had launched his first store, the Mustard Seed Natural Food Market in Oswego, which has since taken the name Green Planet Grocery.
Scripa provided Lewis assistance as he was scouting properties for a possible store location.
Lewis later opened a store in Camillus in 2010.
The Camillus location operates in a 4,000-square-foot space at 3514 W. Genesee St. in the same plaza that includes Metro Mattress and retailer Casual Male XL.
Since their initial meeting, Scripa has been encouraging Lewis to open a location in Cicero, he says.
“Finally, about two years ago, I said if you [Lewis] don’t do it, I want you to teach me how to do it,” as Scripa recalled it.
So, Lewis agreed to pursue the idea with Scripa.
Beyond Cicero, the company has yet to select any additional locations for future Green Planet Grocery stores, says Scripa.
As someone who works in the real-estate business, Scripa says the firm is looking for locations that are “close to a neighborhood, close to the population for people to be able to shop and get that healthy item as opposed to running to a convenience store [and] getting something that’s not as healthy,” he says.
Contact Reinhardt at ereinhardt@cnybj.com
NYSERDA starts NY Prize competition for microgrids
The New York State Energy Research and Development Authority (NYSERDA) will administer a new competition this fall to support “innovative resiliency” and clean-energy projects across the state. The $40 million NY Prize competition challenges New York businesses, entrepreneurs, and electric utilities to design and implement community-based microgrids, which seek to offer energy independence, along with
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The New York State Energy Research and Development Authority (NYSERDA) will administer a new competition this fall to support “innovative resiliency” and clean-energy projects across the state.
The $40 million NY Prize competition challenges New York businesses, entrepreneurs, and electric utilities to design and implement community-based microgrids, which seek to offer energy independence, along with local power generation and distribution.
The competition aims to “inspire a new generation of local power,” Gov. Andrew Cuomo’s office said in a news release announcing the competition.
The NY Prize Competition will work with the private sector to spur new business models and community partnerships to increase reliability and reduce costs for consumers. The state has posted information about the program at the NY Prize website at www.nyserda.ny.gov/ny-prize
Adjusting to the “new reality” of extreme weather means making our communities as resilient as possible, and that is “especially important” when it comes to local electrical grids, Cuomo contended in the news release.
“This competition will encourage individuals and organizations across the state to come up with plans for protecting and strengthening their electrical system in the face of major storms. That will mean safer communities for New Yorkers, and I encourage businesses and utilities to put their best ideas forward this fall,” said Cuomo.
Under NYSERDA’s administration, the competition will “prioritize project replicability and transparency as well as designate feasibility and design requirements,” according to the governor’s office.
Microgrids are local energy networks that are able to “fully separate” from the larger electrical grid during extreme weather events and emergencies, providing “vital” public services and power to residential customers and operators such as hospitals, first responders, and water-treatment facilities, Cuomo’s office said.
Microgrids are an “important component” in Gov. Cuomo’s vision for a “cleaner, more affordable and resilient” energy system and can play a “critical role” in preparing communities to “better withstand” future weather-emergency events, Richard Kauffman, chairman of energy and finance for New York state, said in the release.
“With the upcoming launch of NY Prize, communities will engage at the grassroots level in securing their energy independence while also serving as a model for the rest of the nation,” said Kauffman.
The governor’s office cites data from Boston, Mass.–based GTM Research that indicates New York is leading Northeastern states with 75 microgrid deployments and 200 megawatts of installed microgrid capacity.
GTM Research is part of Greentech Media, which describes itself on its website as a “business to business site covering daily news and market analysis about the end-to-end greentech market.”
Contact Reinhardt at ereinhardt@cnybj.com
SBA, Women’s Business Center to hold disaster-planning workshop in Utica
UTICA — The U.S. Small Business Administration (SBA) and the Women’s Business Center of New York State have scheduled a disaster-planning workshop for Mohawk Valley business owners. The event, titled “When Disaster Strikes, Is Your Business Ready,” is set for Sept. 19 from 8:30 a.m. to 9:30 a.m. at the Radisson Hotel-Utica Centre in downtown
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UTICA — The U.S. Small Business Administration (SBA) and the Women’s Business Center of New York State have scheduled a disaster-planning workshop for Mohawk Valley business owners.
The event, titled “When Disaster Strikes, Is Your Business Ready,” is set for Sept. 19 from 8:30 a.m. to 9:30 a.m. at the Radisson Hotel-Utica Centre in downtown Utica, the SBA said.
The agency and the American Red Cross of the Mohawk Valley will present tips and techniques for disaster preparation. Local business owners will also share lessons they learned after dealing with conditions following Hurricane Irene and other storms that hit the area, the SBA said in a news release.
“When disaster strikes, it can devastate a business that took years to build. Spending one hour to get your business ready for a crisis could be the most important decision you make all year. We encourage Mohawk Valley business owners to remember the flooding that hit many businesses last summer and take this opportunity to plan ahead during national-preparedness month,” Bernard J. Paprocki, director of the SBA Syracuse district office, said in the release.
The SBA cites data from the Tampa, Fla.–based Institute for Business and Home Safety indicating around 25 percent of businesses do not reopen after a major disaster hits.
The disaster could include flood damage or the loss of sensitive data from a hacked email account.
The manner of a company’s response within the first few hours of the crisis can “make or break” a small business, the SBA contends.

SkyWolf Wind Turbine Corp. inks deal to distribute its wind turbines in Colombia and other markets
GENESEO — SkyWolf Wind Turbine Corp. — a Finger Lakes–based company that designs, manufactures, and sells small wind turbines — recently announced that it has signed an agreement with a company to sell its products in overseas markets including Colombia. SkyWolf Wind Turbine inked a 10-year international-representation agreement with SkyWolf Eco-Energies Colombia (SWEEC) SAS, which
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GENESEO — SkyWolf Wind Turbine Corp. — a Finger Lakes–based company that designs, manufactures, and sells small wind turbines — recently announced that it has signed an agreement with a company to sell its products in overseas markets including Colombia.
SkyWolf Wind Turbine inked a 10-year international-representation agreement with SkyWolf Eco-Energies Colombia (SWEEC) SAS, which is based in Bogota, Colombia. This agreement gives SWEEC SAS exclusive selling rights in specific territories, including Colombia, Central America, South America, the Caribbean, Europe, Asia, and Oceania, according to a news release from SkyWolf Wind Turbine.
SWEEC SAS must sell a minimum of 40 wind turbines per calendar year to maintain the contract, acting as a commercial representative to distribute and promote the sales of SkyWolf 3.5KW wind turbines in the designated territories, the news release stated.
This strategic relationship offers accelerated market penetration and potential for significant growth opportunities in these markets, Gerald E. Brock, president of SkyWolf Wind Turbine and inventor of the company’s products, contends.
SWEEC SAS will begin introducing SkyWolf wind turbines in Colombia, the fourth largest county in South America. Colombia recently enacted a law to promote renewable energy with the goal of more efficient energy management, according to the news release.
Colombia has many potential uses for SkyWolf wind turbines including: desalination of water and providing electrical power to outlying areas, farms, electrical transit systems, and mining operations.
Sky Wolf Wind Turbine, founded in 2010 by Brock, offers turbines that are smaller, quieter, minimize the risk of throwing a blade or ice chunks, and are better at harnessing the wind’s power than traditional larger turbines, he contends.
Headquartered at 156 Court St. in Geneseo, the company has marketed its turbines in print media around the state, including the Rochester area and Central New York.
Sky Wolf Wind Turbine employees include Gerald Brock, president; Jesse Brock, operations manager; Amy Brock, corporate secretary and office manager; Aaron Christ, electrical engineer; and Raymond Fiore, mechanical engineer, according to the company’s website.
SkyWolf Wind Turbine’s technology earned two new patents granted on May 13. The U.S. Patent and Trademark Office issued patent numbers 8,672,624 and 8,721,279, according to the news release.

DiNapoli: municipal spending on infrastructure declines in NYS, not meeting needs
Local government capital spending on roads, bridges, and water and sewer systems in the Empire State declined about 8 percent between 2010 and 2012. That’s
ConMed shareholders elect company-nominated directors, investor reacts
UTICA, N.Y. — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker, announced that shareholders have elected all eight of its director nominees. The firm is
Answers about the state’s Nonprofit Revitalization Act
For the last eight months, I have been responding to numerous questions from nonprofit organization board and management members related to the Nonprofit Revitalization Act of 2013, signed into law by Gov. Andrew Cuomo last December. My recent column (entitled, “Complying with the Nonprofit Revitalization Act’s rules” and appearing in the April 4, 2014 issue
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For the last eight months, I have been responding to numerous questions from nonprofit organization board and management members related to the Nonprofit Revitalization Act of 2013, signed into law by Gov. Andrew Cuomo last December.
My recent column (entitled, “Complying with the Nonprofit Revitalization Act’s rules” and appearing in the April 4, 2014 issue of The Central New York Business Journal) addressed the key requirements of this 70-page piece of legislation.
As a follow-up, the 10 frequently asked questions and answers below seek to clarify the confusion that abounds in the nonprofit sector regarding this key legislation. The confusion is to be expected, since lawmakers passed the law without requiring that interpretive guidance and regulations be issued prior to its effective date.
Q1: The effective date of the legislation was July 1, 2014. Without regulations or interpretive guidance, what fines or penalties may we be subject to for not being fully compliant as of July 1?
A1: Not to worry. Both the attorney general and the director of the New York State Charities Bureau have acknowledged that hundreds of questions remain to be answered based on interpretive guidance and regulations yet to be issued. This does not mean that you can ignore the provisions of the legislation. Adopting policy changes consistent with the spirit of the legislation, together with addressing its procedural requirements, will be sufficient, at least until the end of this calendar year. Hopefully, at that point, we will have clarifying guidance that will allow attorneys, accountants, board, and management team members to be in full compliance. No penalties or fines are anticipated during the implementation phase of the Act.
Q2: Should I be concerned enough about the increased board-governance responsibilities mandated by the law that I resign my board seat due to increased personal-liability risk?
A2: Absolutely not. New York laws governing volunteer efforts, as well as directors and officers’ (D&O) liability insurance, provide sufficient protection for members to continue their volunteer efforts. In fact, the risk of personal liability is limited to instances of gross negligence, which should be an extremely rare occurrence. And getting D&O liability coverage should be a standard practice just in case an issue does occur.
Q3: What does the legislation require regarding the fact that only “independent directors” can participate on an organization’s audit committee?
A3: Interpretive guidance is forthcoming in this area. There are dozens of situations that represent “gray areas” in this regard. For example, as a board member, if a family member receives services from the organization, does that make the board member non-independent? Interpretive guidance to be issued by state regulatory authorities is forthcoming. However, in the interim, apply a practical approach to your assessment of whether a director is independent or not. My general rule in this area is that real or perceived conflicts of interest should lead to a director being viewed as non-independent.
Q4: If a board member is determined to be non-independent, can he or she sit on the audit committee?
A4: Only independent directors are allowed to meet with the independent auditors in executive session. Non-independent directors can continue as board members and members of all other board committees.
Q5: How many meetings does the audit committee need to have with our independent auditors?
A5: This is an area that is fairly clear in the legislation. In addition to an annual executive session between independent directors and the auditors, pre-audit and post-audit meetings between the auditor and the audit committee are now required.
Q6: Our nonprofit does not receive any government funding. Are we required to have a whistleblower policy and procedure?
A6: The law requires any nonprofit organization with more than 20 employees to implement a whistleblower policy, regardless of funding sources. Remember that the basic objectives of the legislation seek to increase the levels of transparency, accountability, and clarity between and among board, management, and audit representatives. A whistleblower policy, properly implemented, enhances the potential for proper reporting in each of these areas.
Q7: What are the most common procedural changes that result from the increased requirements related to conflicts of interest?
A7: First of all, we recommend that every board and committee agenda include an item that requires attendees to disclose conflicts of interest at the beginning of each meeting. In addition, to the extent that certain attendees have a disclosed conflict, the individual needs to be excused from the deliberations, discussions, and votes on that particular agenda item. The minutes of the meeting must reflect the time at which the individual with the conflict both left and returned to the meeting.
Q8: What additional responsibilities are assigned to the audit committee in fulfilling its responsibilities?
A8: In addition to the executive session and pre- and post-audit meetings described above, the audit committee must now review and document the performance and independence of the auditors on an annual basis. This has not been a routine procedure for many organizations but should include a policy regarding periodic assessment of the quality, cost, and value derived from your independent audit relationship. Your audit firm should be providing you with guidance regarding compliance in this area. If you would like our client guidance in this regard, please email me.
Q9: What is the most common board responsibility in which compliance failures occur?
A9: Without question, a disciplined annual process that requires documentation of a comprehensive performance evaluation and compensation assessment of the CEO. Documentation requirements in this area are clearly stated in Section 4958 of the Internal Revenue Code. In addition, your annual Form 990 requires an affirmative statement that this process has been completed and documented.
Q10: Since the effective date of the act has passed, what should be our target date for achieving full compliance?
A10: Ideally, assuming timely issuance of interpretive guidance and regulations from the attorney general and the Charities Bureau, all organizations should target Dec. 31, 2014, as their objective for full compliance with the policies, procedures, and practices required by this legislation.
Once interpretive guidance is issued, we fully expect to be able to provide updated policy and procedure templates that are in compliance with the requirements of the Nonprofit Revitalization Act. Our firm will broadly distribute them between now and the end of the year.
Gerald J. Archibald, CPA, is a partner in charge of the management advisory services at The Bonadio Group. Contact him at (585) 381-1000, or via email at garchibald@bonadio.com
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